Equipment is the foundation of construction profitability. It serves as the goldmine for any construction business.
The quality of equipment directly impacts the efficiency of the construction process. With the advancement of technology, tracker tags have become essential tools for construction companies to monitor and manage their equipment more efficiently.
Tracker tags are small devices that can be used to find lost items. They are attached to valuable possessions and employ advanced technologies such as mobile crowdsensing (MCS), the Internet of Things (IoT), and opportunistic networking (OppNet).
Tracking tags can be utilized for cellular communications or GPS (Global Positioning Systems) to ascertain location without incurring significant expenses.
Some popular tracker tags include Apple's AirTags, Android GPS tracker tags such as Samsung's Galaxy SmartTag, and Tile's tags.
These tracker tags utilize Bluetooth Low Energy (BLE) to transmit short signals (advertisements) to nearby smartphones, enabling the device's tracking.
When a compatible smartphone receives such signals, it transmits the tag's location, leveraging broadband communication capabilities.
Some popular types of tracker tags are as follows:
Regardless of your size, industry, or business type, employing a tracking tag is essential for managing your assets effectively. RFID asset-tracking systems offer tools that meet your expectations and enhance various other asset-tracking operations.
Construction businessmen will damage the business’s bottom line while trying to replace lost, misplaced, or stolen assets. Several asset-heavy industries have to face this, such as the American auto industry, which spends $750 million a year a year to replace reusable packaging.
However, construction companies spend $1 billion annually to deal with job site theft. Twenty-four million luggage articles were lost in 2016 because of poor location tracking.
Businesses use multiple RFID readers and antennas to triangulate the exact asset locations, resulting in accurate and real-time location data.
The overall efficiency gained through optimized asset management translates into improved operational performance and cost savings.
For instance, by minimizing equipment downtime and optimizing resource allocation, the construction company can complete projects more quickly, ultimately meeting deadlines consistently and reducing unnecessary expenditures on repairs and replacements.
Expensive tools aren't necessary to effectively utilize the RFID asset tracking system; it's accessible to every business.
Everyone, from enterprises with multiple sites to warehouses, can install an RFID at every business level.
In contrast to other kinds of asset tracking, RFID is a cost-efficient and long-lasting tracking solution. Due to its low running costs, businesses in the Logistics, Manufacturing, and Retail sectors have used it to achieve an ROI of up to 200%.
Suppose that the average price of Passive RFID tracking starts from $0.08. Modern smartphones already have RFID reader capabilities, so you don't need to purchase an expensive one. Plastic tags are durable, and you can use them several times.
Tracker tags are versatile; they can be applied across various industries and applications. Businesses can customize these tags to meet their specific needs. Tracking keys and small tools or monitoring large machinery and vehicles, asset tracking tags excel in diverse scenarios.
The adaptability of these tags ensures smooth functionality, from inventory management to GPS tracking for fleet monitoring. Whether in healthcare, logistics, or construction, tracker tags' versatility is invaluable for optimizing operations.
Clue offers a comprehensive suite of features that cater specifically to the needs of construction businesses seeking efficient asset tracking solutions.
Here's why you should choose Clue:
This article explored the importance of adding tracking tags to equipment systems for optimizing construction workflows. Such sophisticated technology would benefit companies by reducing risks, providing a cost-efficient solution, and helping save money, especially in industries like construction, healthcare, and manufacturing.
Tracker tags utilize special technologies like RFID, GPS, and Bluetooth to instantly show the precise location of equipment.
These new tools, such as Clue, will assist businesses in working more efficiently and remaining successful in the evolving business landscape.
GPS trackers support the digitization of processes and simplify data collection. They ensure that accurate information is collected and stored in a central location accessible to all team members, enhancing coordination and efficiency.
Equipment used in tracking typically includes GPS, Bluetooth, RFID, or QR code technologies. These tools help monitor and manage assets effectively.
An equipment tracking system is a process businesses use to keep track of their tangible assets. Physical equipment is tracked using tags or barcodes, allowing businesses to document and monitor everything they own effectively.